Public investment, although it accounts for only 10% of the total investment stock, has played a crucial role in the economic recovery to the level of 2019. This increase in public sector investment has helped boost various productive sectors, which in turn have driven the economy and improved overall financial indicators. This significant increase in public investment has been essential to alleviate the effects of the economic contraction and has laid solid foundations for a more stable growth in the immediate future.
The strategy of increasing public investment has translated into a number of infrastructure projects and improvements in public services, which have not only generated jobs but have also incentivized private-sector participation. This multiplier effect has been fundamental in balancing the post-pandemic impact, providing a framework of confidence for future investments. Despite representing a smaller fraction of total investment, the effectiveness of public investment has been vital to reactivate the economy and support sustained growth after years of uncertainty.
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